2022
Flag  
GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Vanuatu-Italy Trade: In 2022, Vanuatu exported $41.5k to Italy. The main products that Vanuatu exported to Italy were Cocoa Beans ($41.5k). Over the past 6 years the exports of Vanuatu to Italy have increased at an annualized rate of 74.9%, from $1.45k in 2016 to $41.5k in 2022.

In 2022, Vanuatu did not export any services to Italy.

Italy-Vanuatu Trade: In 2022, Italy exported $913k to Vanuatu. The main products that Italy exported to Vanuatu were Other Furniture ($189k), Washing and Bottling Machines ($125k), and Plastic Lids ($92.7k). Over the past 6 years the exports of Italy to Vanuatu have decreased at an annualized rate of 12.8%,  from $1.81M in 2016 to $913k in 2022.

In 2022, Italy did not export any services to Vanuatu.

Comparison In 2022,  Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vanuatu exported $41.5k to Italy. The main products exported from Vanuatu to Italy were Cocoa Beans ($41.5k). During the last 6 years the exports of Vanuatu to Italy have increased at an annualized rate of 74.9%, from $1.45k in 2016 to $41.5k in 2022.

In 2017, Italy exported $913k to Vanuatu. The main products exported from Italy to Vanuatu were Other Furniture ($189k), Washing and Bottling Machines ($125k), and Plastic Lids ($92.7k). During the last 5 years the exports of Italy to Vanuatu have decreased at an annualized rate of 12.8%, from $1.81M in 2022 to $913k in 2017.

Exports from Vanuatu (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Vanuatu (Flag) (2022)

Latest Data

Trade between Vanuatu (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$86.1M
Italy
Top Destination
Germany$78.5B

This map shows whether countries import more from Vanuatu or Italy. Each country is colored based on the difference in imports they receive from Vanuatu and Italy or the difference in the growth in imports.

In 2022, no countries were registered that imported more from Vanuatu than from Italy.

In 2022, countries that imported more from Italy than Vanuatu included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Vanuatu (Flag) (2022)

Comparative Advantage Vanuatu - Italy

Flow
Scale

This chart compares trade between Vanuatu and Italy by product, considering products traded by both, Vanuatu and Italy.

During 2022, Vanuatu had a large net trade with Italy in the exports of Foodstuffs ($41.5k).

During 2017, Italy had a large net trade with Vanuatu in the exports of Machines ($301k), Miscellaneous ($242k), and Metals ($117k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Vanuatu and Italy. This means that a dot/product with the flag of Vanuatu indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Vanuatu.

Product Space of Vanuatu (Flag) and Italy (Flag) (2022)

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